Since mid-2000, the Fed's only operating target has been

A) M2 money supply growth.
B) the discount rate.
C) the consumer price index.
D) the federal funds rate.

D

Economics

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A system of universal medical insurance would tend to ________ the ________ for medical services

A) increase; elasticity of demand B) decrease; elasticity of demand C) decrease; quantity demanded D) decrease; non-monetary payments

Economics

According to Adam Smith, the success of decentralized market economies is primarily due to

a. the basic benevolence of society. b. society's legal system. c. individuals' pursuit of self-interest. d. partnerships that are forged between business and government.

Economics